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THE STATE WILL INCREASE THE TAX ON OILPRODUCTION

A&G Information Services,  May, 2003  

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A&G Information Services 05-07-2003 THE STATE WILL INCREASE THE TAX ON OILPRODUCTION ST.PETERSBURG, RUSSIA, MAY 5, 2003 (A&G News via COMTEX) -- Thecabinet of ministers approved increase of thetax on oil production from Rbl 340 per ton toRbl 357. Finance Ministry explained that thegovernment will increase the oil tax for 2reasons.

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Firstly, the government wants toredistribute the tax load ...

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